Tudor Investment Corp ET AL Purchases Shares of 245,325 WisdomTree, Inc. (NYSE:WT)

Tudor Investment Corp ET AL purchased a new stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 245,325 shares of the company's stock, valued at approximately $2,576,000. Tudor Investment Corp ET AL owned about 0.17% of WisdomTree as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Navellier & Associates Inc. boosted its holdings in shares of WisdomTree by 11.4% in the 4th quarter. Navellier & Associates Inc. now owns 15,226 shares of the company's stock valued at $160,000 after buying an additional 1,556 shares during the last quarter. Federated Hermes Inc. raised its holdings in WisdomTree by 60.7% in the 4th quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock valued at $49,000 after acquiring an additional 1,777 shares in the last quarter. EntryPoint Capital LLC boosted its position in shares of WisdomTree by 6.7% during the 4th quarter. EntryPoint Capital LLC now owns 29,622 shares of the company's stock worth $311,000 after acquiring an additional 1,870 shares in the last quarter. Bank of Montreal Can lifted its position in shares of WisdomTree by 11.6% during the 4th quarter. Bank of Montreal Can now owns 18,702 shares of the company's stock worth $196,000 after buying an additional 1,951 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in WisdomTree by 173.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after buying an additional 2,405 shares in the last quarter. 78.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WT shares. Keefe, Bruyette & Woods lowered their price target on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group cut their price target on WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $12.42.

WisdomTree Stock Performance

Shares of WT stock traded down $0.03 on Friday, hitting $9.35. 231,675 shares of the stock were exchanged, compared to its average volume of 1,539,688. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $1.37 billion, a PE ratio of 30.16 and a beta of 1.07. WisdomTree, Inc. has a one year low of $7.47 and a one year high of $12.45. The firm's 50 day moving average is $8.60 and its two-hundred day moving average is $9.79.

WisdomTree (NYSE:WT - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.16. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The business had revenue of $108.08 million for the quarter, compared to analysts' expectations of $108.47 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The business's revenue for the quarter was up 11.7% compared to the same quarter last year. Sell-side analysts expect that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Wednesday, May 14th. WisdomTree's dividend payout ratio is presently 34.29%.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.